CRC-IB Advises Eolus on Sale of 100MW / 400MWh Battery Energy Storage Project

CRC-IB has advised Eolus, a leading renewable energy developer, on the sale of Project Pome, a 100MW / 400MWh standalone energy storage project located in Poway, CA. The project is currently under construction and is expected to reach commercial operation in the first half of 2025.

CRC-IB served as the exclusive sell-side advisor to Eolus on the transaction.

“We are proud to have supported Eolus on the successful sale of Project Pome,” said Britta von Oesen, CRC-IB Partner & Senior Managing Director. “Grid reliability is fundamental to California’s energy future, and we are pleased to know that Pome will contribute to a more resilient grid.”

For more information on this transaction, please contact Britta von Oesen.

About Eolus

Eolus is a leading developer of innovative and customized renewable energy solutions. We offer attractive and sustainable investments in the Nordics, the Baltics, Poland and the USA. From development of greenfield projects to construction and operation of renewable energy assets, we are part of the entire value chain. For over three decades we have worked for a future where everyone can lead a fulfilling, yet sustainable life. Today, our project portfolio includes more than 25 GW wind, solar and energy storage projects. Eolus – shaping the future of renewable energy. Eolus’s Class B share is listed on Nasdaq Stockholm.